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OpenAI details plans to turn into a for-profit company

The New York Times · 22h

OpenAI Details Plans for Becoming a For-Profit Company

OpenAI said it would be restructured as a public benefit corporation, and that the nonprofit that controls the organization would receive shares in the new company.

New York Post on MSN · 1d

OpenAI says it needs ‘more capital than we’d imagined’ as it details for-profit plan

OpenAI said it needs “more capital than we’d imagined” as the Sam Altman-led artificial intelligence pioneer outlined plans for revamping into a for-profit company.

Hosted on MSN · 1h

OpenAI outlines plans to be for-profit

ChatGPT-maker OpenAI laid out plans on Friday for a new corporate structure shifting away from control by a nonprofit an issue of contention for the artificial intelligence trailblazer. OpenAI was founded as a nonprofit in 2015 and has since switched to a "capped" for-profit enterprise allowing for a limited level of money making.

Microsoft and OpenAI have a financial definition of AGI

OpenAI's o3 isn't AGI yet but it just did something no other AI has done

To demonstrate we are still not at human-level intelligence, Chollet notes some of the simple problems in ARC-AGI that o3 can't solve. One such problem involves simply moving a colored square by a given amount -- a pattern that quickly becomes clear to a human.

Leaked Documents Show OpenAI Has a Very Clear Definition of ‘AGI’

But OpenAI has received more than $13 billion in funding from Microsoft over the years, and that money has come with a strange contractual agreement that the startup would stop allowing Microsoft to use any new technology it develops after AGI is achieved.

TechCrunch on MSN · 2d

Microsoft and OpenAI have a financial definition of AGI: report

Microsoft and OpenAI have a very specific, internal definition of artificial general intelligence (AGI) based on the startup’s profits, according to a new report from The Information. And by this definition,

23h

OpenAI Says It Needs More Money as the ChatGPT Maker Moves Toward For-Profit Structure

ChatGPT maker OpenAI said it needs to raise more capital than expected, and laid out plans for transitioning toward a ...

21h

To Further Its Mission of Benefitting Everyone, OpenAI Will Become Fully for-Profit

The corporate transition will allow OpenAI to raise more money and finally give its board the freedom to consider what its ...

23hon MSN

OpenAI to seek capital as a public benefit corporation in the vein of Patagonia

OpenAI, the massive artificial intelligence startup valued at about $157 billion, plans to set itself up as a public benefit ...

9hon MSN

OpenAI Outlines New For-Profit Structure in Bid To Stay Ahead in Costly AI Race

OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it ...

1don MSN

OpenAI’s ChatGPT and Sora are down: Here’s what we know

ChatGPT, the artificial intelligence chatbot developed by OpenAI, is experiencing an outage on Thursday afternoon. According ...

OpenAI's 'For-Profit' Switch Promises a 'Humanitarian' Benefit Despite The Corporate Shift

OpenAI revealed its plans to transform its core into a for-profit business and claims it will not forget its humanitarian ...

1don MSN

OpenAI and Microsoft have put a price tag on what it means to achieve AGI: report

The companies reportedly signed an agreement last year that defined AGI as a system that can generate $100 billion in profits ...

1don MSN

OpenAI embraces for-profit model to chase AI dreams

OpenAI, the pioneering force behind artificial intelligence breakthroughs, has unveiled a plan to overhaul its corporate ...

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